25 June 2017

Greater China

  • The outbreak of the Anti-Rightist Movement was soon followed by the Great Famine between 1858 and1962. Photo:

    China was hell on earth during the Anti-Rightist Movement

    - Jun 23, 2017 10:00am
    This year marks the 60th anniversary of the outbreak of the Anti-Rightist Movement. As expected, all official mouthpieces and state-run media in the mainland are strictly forbidden to touch on the highly sensitive subject. However, while...
  • Fosun Group's Hong Kong and mainland-listed shares took a sudden dive after reports that the company is being investigated. Photo: Reuters

    Fosun, Wanda, Anbang and HNA being investigated: WSJ

    Jun 22, 2017 4:59pm
    Banks in China have been ordered to investigate loans made to the country’s top overseas deal makers, the Wall Street Journal reports. These include Anbang Insurance Group Co., HNA Group, Fosun International Ltd. (0656.HK) and Wanda Group. ...
  • Workers dismantle a test-track (inset) in Qinhuangdao, signaling the end of the road for a much-hyped traffic-straddling bus project. Photos:

    China ‘straddling bus’ project gets terminated

    Jun 22, 2017 12:12pm
    A public–private partnership (PPP) project in China to build a futuristic “straddling bus”, a vehicle that would cruise over the top of cars and help resolve urban traffic woes, has officially been scrapped. The Transit Elevated...
  • Volunteers save the dogs earmarked for slaughter for the Yulin dog meat festival. Photo: Weibo

    Dozens of dogs saved from Yulin festival slaughter

    Jun 21, 2017 2:41pm
    More than 1,000 dogs have been saved from possible slaughter in the run-up to the Yulin dog meat festival in China’s southern Guangxi autonomous region. The annual festival, which has been held since the late 1990s,...
  • International fund managers may have to acclimatize to A shares’ trading environment, much like how the Mongol warriors were 'tamed' by the ancient Han. Photo: Reuters

    China’s MSCI inclusion: What next after the milestone?

    - Jun 21, 2017 1:29pm
    China’s entry into the MSCI global indices is a historic milestone. The MSCI inclusion is small, but slightly higher than expected. China’s efforts in re-regulating stock trading suspension, the expansion of the Stock Connect scheme and...
  • If MSCI rejects China’s inclusion again, that could likely provoke speculative buying by red-faced market players in China. Photo: Reuters

    Be cautious ahead of MSCI decision on China A-shares

    - Jun 20, 2017 2:57pm
    The market sentiment in China’s A-share market has been abnormally depressed in the first half of 2017. With retail investors’ pessimism over the market, they are still worrying about further yuan depreciation. In my view, that...
  • Taiwan President Tsai Ing-wen has warned China that “coercion and threats will not bring the two sides together. Instead, they will drive our two peoples apart." Photo: Reuters

    Beijing focus on Taiwan’s weakness may backfire

    - Jun 19, 2017 2:34pm
    The establishment of diplomatic relations by China and Panama marks the further international isolation of Taiwan. Panama’s defection from Taiwan leaves barely 20 countries that still maintain relations with the island, using its formal name the...
  • A file picture of a China Eastern Airlines plane. The carrier said that it had arranged relevant medical services for the flight's passengers. Photo: Reuters

    At least 26 hurt as China Eastern flight hits turbulence

    Jun 19, 2017 11:19am
    At least 26 people were injured when a China Eastern Airlines flight from Paris to the southwestern Chinese city of Kunming hit turbulence on Sunday, Reuters said, citing a report from state news agency Xinhua. Passengers...
  • Casualties are seen outside the kindergarten in Jiangsu province. Two people died on the spot and six died in hospital later. Photos:,weibo

    Eight dead, 65 injured in Jiangsu kindergarten explosion

    Jun 16, 2017 9:32am
    At least eight people have died after an explosion near a kindergarten in Fengxian County in east China’s Jiangsu province Thursday afternoon.  Two people died at the scene and another six died later in hospital, according...
  • The passenger said she was only curious to see what would happen if she pulled the lever activating the evacuation slide. Photo: Weibo

    Air passenger faces hefty fine for activating evacuation slide

    Jun 15, 2017 12:38pm
    A female passenger of Xiamen Airlines was detained by police and may be required to pay a hefty fine after she activated the evacuation slide of the plane shortly before takeoff in Beijing, Ming Pao Daily reports....
  • The Panama Canal’s share of container cargo has been slipping due to heightened rivalry following the expansion of the Suez Canal. Photo: Wikipedia

    Why Panama needs to befriend China

    - Jun 15, 2017 11:53am
    Panama has recently severed its longstanding diplomatic ties with Taiwan in favor of China, reflecting in part its increasing economic reliance on China. With a small population of 3.7 million, Panama has two main economic pillars....
  • Panama notified Taiwan of its decision to break diplomatic ties with the island just 40 minutes before the official announcement. Photo: Reuters

    After Panama, who’s next to ditch Taiwan?

    - Jun 15, 2017 10:39am
    Taiwan suffered another major diplomatic setback this week after the loss of the Democratic Republic of São Tomé and Príncipe in Africa last December. Panama, Taipei’s major ally in Latin America, suddenly announced on Tuesday that...
  • China's consumption growth in the next decade is expected to be led by the so-called lower-tier cites. Photo: Bloomberg

    Disposable incomes in China smaller cities seen doubling by 2030

    Jun 15, 2017 8:52am
    China’s lower-tier cities will fuel a US$9.7 trillion consumption market by 2030, with per capita disposable income for urban households in those cities expected to almost double by that year from current levels, according to Morgan...
  • Wu Xiaohui was taken away by Chinese authorities on June 9, according to Caijing Magazine. The report gave no further details. Photo: Bloomberg

    Anbang says chairman can’t perform job for personal reasons

    Jun 14, 2017 8:47am
    Anbang Insurance Group Co., the Chinese company that has curtailed a global acquisition spree amid questions about its ownership and financing, said chairman Wu Xiaohui is unable to perform his duties because of personal reasons, Bloomberg...
  • An Air China Boeing 747-8, rumored to be the nation's Air Force One, is seen on take-off at Beijing Capital International Airport. Photo: FLX41/

    China testing own version of Air Force One

    Jun 13, 2017 3:06pm
    China is testing an Air China 747-8 plane and reconfiguring it for President Xi Jinping’s future official overseas trips, according to media reports. Until today China does not have its own official Air Force One for...
  • Six-time China Super League champion Evergrande Taobao  sits at the top of the league with 31 points from 12 games. Photo: Xinhua

    Clash of reds: Evergrande Taobao and Man United by the numbers

    - Jun 13, 2017 2:16pm
    Last month, Guangzhou Evergrande Taobao Football Club (Evergrande Taobao), whose red jersey sports the familiar China stars, stepped up a gear for the AFC Champions League. In the round of 16, it knocked out J League’s...
  • China's Belt and Road Initiative, championed by President Xi Jinping, is aimed at expanding Beijing's economic and political influence on the global stage. Photo: Reuters

    Xi Jinping’s Marco Polo strategy

    - Jun 13, 2017 9:56am
    Last month, Chinese President Xi Jinping presided over a heavily orchestrated “Belt and Road” forum in Beijing. The two-day event attracted 29 heads of state, including Russia’s Vladimir Putin, and 1,200 delegates from over 100 countries....
  • A gaping hole on one of the engines forced a China Eastern flight bound for Shanghai to return to Sydney shortly after take-off. Weibo, Twitter

    China Eastern flight returns to Sydney after engine problem

    Jun 12, 2017 11:55am
    A China Eastern Airlines A330-200 plane returned to Sydney airport on Sunday due to a torn casing on one of its engines, which was discovered shortly after take-off for Shanghai. The Chinese airline confirmed the incident...
  • “We must lure the snakes away from their hideouts so that we can kill them” has become a famous quote from Ma Zedong. Photo:

    The 1957 Anti-Rightist Movement: A warning from history

    - Jun 9, 2017 4:04pm
    This year marks the 60th anniversary of the outbreak of the notorious Anti-Rightist Movement in China. It is estimated that during the movement, at least 550,000 civilians were labelled “rightist bourgeois”, many of whom were intellectuals,...
  • Pedestrians just looked at the injured woman as she lay flat on her back, and walked on. Photo: YouTube

    Woman dies in Hunan road mishap with no one helping her

    Jun 9, 2017 2:42pm
    A woman in southern China’s Hunan province died after she was knocked down by a taxi at a pedestrian crossing and run over by another car, with no one coming to help her, Headline Daily reports....

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